Tuesday, September 28, 2021

crude past $75

so is the economy well, nor well or "transitory" inflation will make it unwell; so we need more medicine ..?

also it doesn't help S&P500 much, as energy is only 3% of the index, while tech occupies most of the space ..!

Wednesday, September 22, 2021

Feds left the rates unchanged - as expected

teenies came down to 1.3 but jumped to 1.336 during conf. since tapering seems to be coming this year  - Nov may be ..?

Sunday, September 19, 2021

ever heard of Evergrande ..?

 caused Hong Kong to go down 4% tonight & a bump on S&P futures?

S&P drops 5% from the peak ..!

Friday, September 17, 2021

Thursday, September 16, 2021

IJC slightly high at 332K, but RS 0.7% up

with all the stimulus money floating around, we don't have enough containers, so can ship goods from China .. how ironic ..!

Tuesday, September 14, 2021

core CPI 0.1%

market jumped on announcement, but ignored its in NY presuming that the data is temporary and not inflation which is here to stay .!

Monday, September 13, 2021

dems have limited period to get the wish list done ...

lets' tax the hell out to raise $3.5T ... but no one blinks when the raise their hands to spend on stupid things like Afghanistan & Iraq Wars ..!

Thursday, September 9, 2021

IJC 310K; CJC 2.783M

yes, people getting back to work as the benefits expire

ECB reduces the bond purchase, by $10M - a nominal amount

Friday, September 3, 2021

NFP 235K

& someone added that its due to non-availability of child care... really now the govt. needs to provide childcare for people to return to work.

Services PMI 55.1